Question: Suppose a 1 0 1 0 - year, $ 1 comma 0 0 0 1 , 0 0 0 bond with a coupon rate of

Suppose a 1010-year, $1 comma 0001,000 bond with a coupon rate of 8.6%8.6% and semiannual coupons is trading for $1 comma 034.371,034.37. a. What is the bond's yield to maturity(expressed as an APR with semiannual compounding)? b. If the bond's yield to maturity changes to 9.9%9.9%APR, what will be the bond's price? Question content area bottom Part 1 a. What is the bond's yield to maturity(expressed as an APR with semiannual compounding)? The bond's yield to maturity is enter your response here%.(Round to two decimal places.)

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